https://www.taxtmi.com/caselaws?id=96859 Whether the appellant entered the 17 January 1938 settlement under mistake or failure of consideration was rejected: evidence showed actual or constructive knowledge and the settlement covenants supplied adequate consideration, so the guarantee and terms are not void. Whether the High Court had jurisdiction under the Companies Act to make and enforce the settlement was upheld: compromise orders within the court's statutory competence are enforceable and errors in exercise or construction do not render such orders void or susceptible to collateral attack in a separate suit. en-us Thu, 03 Apr 1941 00:00:00 +0530 Wed, 11 Jan 2012 16:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96859 Whether the appellant entered the 17 January 1938 settlement under mistake or failure of consideration was rejected: evidence showed actual or constructive knowledge and the settlement covenants supplied adequate consideration, so the guarantee and terms are not void. Whether the High Court had jurisdiction under the Companies Act to make and enforce the settlement was upheld: compromise orders within the court's statutory competence are enforceable and errors in exercise or construction do not render such orders void or susceptible to collateral attack in a separate suit. Case-Laws Companies Law Thu, 03 Apr 1941 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96859